Make in India
The high-profile launch of 'Make in India' campaign by Prime Minister Narendra Modi on September 25 before he leaves for his landmark visit to the United States will see ministers heading 25 central departments line up to give a collective thrust to manufacturing and seek greater foreign investment.
"The prime minister has involved all ministries related to manufacturing. Each will carry out back-end work related to ease of doing business. The focus will be on 25 sectors and the respective ministries - heavy industries, telecom, power and others - have been involved. It will be a holistic integration of perspective on manufacturing," said an official of the department of industrial policy and promotion.
PM Modi's 'Make in India' campaign launch to harness efforts of 25 government departmentsStakeholders including leading businessmen and CEOs of about 3,000 companies of 30 countries have been invited for the launch.
Programmes will also be held in state capitals and Indian missions abroad, where the officials will engage with investors and consultants simultaneously.
The Centre's objective is to get manufacturing sector to grow over 10% on a sustainable basis in the long run. It has planned global outreach through a digital campaign. "We have liberalised the FDI regime. The idea is to send across the message to foreign investors that India is becoming a better place to do business," said the official cited earlier, requesting anonymity.
All navratnas and the tourism department, among others, will be involved in the event, the official said. The PM will make a pitch to manufacture pharmaceuticals, auto components and biotech products, among others, in India. Food processing, IT, defence, electronics and textiles figure among the 25 sectors identified.
The campaign will be simultaneously launched in different state capitals including Mumbai, Chennai and Bangalore. "The idea is to involve states through a hub-andspoke model," the official added.
The DIPP and industry lobby Ficci have jointly set up an eight-member expert panel to address queries and concerns of investors within 48 hours. They will clarify Indian policies to the investors and suggest reforms to the Centre and states.
The launch will be attended by representatives of companies from countries such as the US, Japan, Korea, Sweden, Poland, Australia, China, Italy, Germany and France. more